Affordable home shortage to continue through 2018, new Reuters poll says

Real Estate

9:37 AM ET Wed, 6 June 2018

An acute shortage of affordable homes in the U.S. will continue over the coming year, according to a majority of property market analysts polled by Reuters.The shortage is driving prices up faster than inflation and wage growth. Annual average earnings growth has remained below 3 percent even as house price rises have averaged more than 5 percent over the last few years.

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